© 2022 91.9 KVCR

KVCR is a service of the San Bernardino Community College District.

701 S Mt Vernon Avenue, San Bernardino CA 92410
909-384-4444
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Click Here To Check Current Inland Empire Traffic Conditions

Episode 903: A New Way To Pay For College

Lauren Neuwirth was a sophomore at Purdue University when she ran out of money to pay for college. She was considering joining the Army to get her tuition covered. But then someone at the financial aid office told her about this new thing the university was offering.

Lauren is getting tens of thousands of dollars toward her tuition not as a scholarship or a loan. There is no set amount of money she has to pay back. But for eight years after she graduates, she has to give Purdue a percentage of her income. The more she makes, the more Purdue gets. It's more like she sold stock in herself.

Today on the show, we follow the evolution of income-share agreements, from David Bowie's recording studio to a pilot program in Chile to colleges in the U.S.

Music: "Sunburn," David Bowie's "The Man Who Sold the World," and "ABC."

Find us: Twitter / Facebook / Instagram

Subscribe to our show on Apple Podcasts, Pocket Casts and NPR One.

Copyright 2021 NPR. To see more, visit https://www.npr.org.